*Stock Smart Weekly (Jun 05, 2025)* *Pakistan Weekly update* Market continued its bullish momentum throughout the week, driven primarily by investor confidence ahead of the upcoming budget. Overall, opinion on the street remains that a stable fiscal environment to continue, with no significant shift in existing tax structures for individuals and businesses alike. Reflecting this optimism, the benchmark KSE-100 Index surged by 1,950 points or 1.6%WoW, closing the week at 121,641pts. However, Market participation declined, with avg. daily traded volumes falling by 0.2%WoW to 660mn sh, down from 662mn sh in the previous week. On the macroeconomic front, trade deficit clocked in at US$2.6bn for the month of May’25. With regards to sectoral developments, cement offtakes for May’25 clocked in at 4.65mn tons, up 9%YoY, driven by higher domestic offtakes. https://research.akdsl.com/Stock_Smart_Weekly_Jun_05_2025.pdf *Regards* *AKD Research*